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Jul 30, 2011
07/11
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FOXNEWSW
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a big decline. some people say it is because they haven't settled the data agreement. i have a different interpretation. i think they are lookking at what is happening in the congress and saying wait a these people are not serious. it is not just getting a deal but it brings the deficit down and in my opinion over the last week, all signals have been we'll do a phony deal with phony cuts that don't deal with 10 or trillions new debt. that is the reason you are seeing the sell off on american stockings. >> isn't that what we learned in third grade. with regard to our retirement accounts. they are cracking hethose babis and what happened last quarter with my money what should we do if anything at the beginning of next week? wait it out. >> don't panic is the question. there is not going to be a default on the debt. i said it for the last month. there will be no default on u.s. treasury secretaries and people shouldn't feel panicked and even if we go past the august 2nd deadline. the grid lock will be broken in a couple of days is more melodrama than the drama. the outcom
a big decline. some people say it is because they haven't settled the data agreement. i have a different interpretation. i think they are lookking at what is happening in the congress and saying wait a these people are not serious. it is not just getting a deal but it brings the deficit down and in my opinion over the last week, all signals have been we'll do a phony deal with phony cuts that don't deal with 10 or trillions new debt. that is the reason you are seeing the sell off on american...
183
183
Jul 26, 2011
07/11
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FOXNEWSW
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eye 183
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. >> traders for a long time figured this was no big deal a big oner. recently they started to take action pulling gold prices higher over $1,600 a troy ounce and a weak dollar means that oil prices are spiking higher almost to $100 a barrel. bar the door if we actually have a default then you could see the big impacts a big market sell-off spiking interest rates. >> shepard: default a much bigger deal than a downgrade. a lot of folks suggest a downgrade coming either way. >> a downgrade could come any time. very big impact on consumer interest rates, mortgage rates, small business loans. you name it, they become more exeivel if those interest rates move higher. also stocks could sell off not good news for your 401(k), shep. >> shepard: no doubt. gerri willis fox business news. her report 5:00 eastern time, 4:00 central on the fox business network jewels up the dial. one republican leader says president obama would rather give speeches about the debt crisis than find a solution. but the president's experts say he is the one actually talking about compro
. >> traders for a long time figured this was no big deal a big oner. recently they started to take action pulling gold prices higher over $1,600 a troy ounce and a weak dollar means that oil prices are spiking higher almost to $100 a barrel. bar the door if we actually have a default then you could see the big impacts a big market sell-off spiking interest rates. >> shepard: default a much bigger deal than a downgrade. a lot of folks suggest a downgrade coming either way. >>...
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148
Jul 28, 2011
07/11
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FOXNEWSW
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but, there are a lot of questions about who the big winners and hot big losers could be. based on how this plays out in the hours ahead. one person having a hard time getting done what he said he would do is the united states. plan crmpleted is for this to come up again around christmas. >> yeah, maybe it might be counter intuitive to say amid all this chaos optimism in washington. get a deal in the next couple of days. they are starting to talk democratic officials are in private about what might be called a plan c. the boehner bill, the reid bill, they say these two are not that far apart on in terms of spending cuts. and in terms of the fact that both of them want to set up special committees in congress to come up with another round of spending cuts down the road. over the long haul. and they say the big sticking point what are the enforcement mechanisms. how do you make sure this committee on congress comes together. not some other washington commission that does a study, puts it on a shelf somewhere where it collects dust. how does it have some teeth to it working o
but, there are a lot of questions about who the big winners and hot big losers could be. based on how this plays out in the hours ahead. one person having a hard time getting done what he said he would do is the united states. plan crmpleted is for this to come up again around christmas. >> yeah, maybe it might be counter intuitive to say amid all this chaos optimism in washington. get a deal in the next couple of days. they are starting to talk democratic officials are in private about...
141
141
Jul 27, 2011
07/11
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FOXNEWSW
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it's not that big. i can get my hands down in there but i don't know, oh my head, and my soldiers, yeah. that's how he got in. >> shepard: that's fascinating. she made it out without any rescue crews. updating a couple of top stories now. lawmakers have just six days to come up with an agreement on the nation's debt crisis. one they created. the stalemate on capitol hill hitting the markets hard. the dow off 200 today. new surveillance video shows the moment the bomb exploded outside the government building in norway. one of two deadly attacks there on a day when 76 people were murdered. and on this day back in 1942, the soviet dictator joseph stalin issued his infamous order 227. any soldier retreating from the battlefield will be shot on site. stalin was never one to minutes words. when he gave an order it was on order never a suggestion. in an attempt to boost morale and prevent dissessions stalin famously declared not one step backward. and he commanded his officers to liquidate panic makers and cow
it's not that big. i can get my hands down in there but i don't know, oh my head, and my soldiers, yeah. that's how he got in. >> shepard: that's fascinating. she made it out without any rescue crews. updating a couple of top stories now. lawmakers have just six days to come up with an agreement on the nation's debt crisis. one they created. the stalemate on capitol hill hitting the markets hard. the dow off 200 today. new surveillance video shows the moment the bomb exploded outside the...